M&S Bank adds Mortgage Intelligence to intermediary network
This follows a number of new mortgage broker appointments last year and marks the start of an ongoing growth plan for M&S Bank’s intermediary network throughout 2019.
Paul Stokes, head of products at M&S Bank, said: “We offer a complete range of mortgage solutions with some additional specific solutions to help first time buyers realise their dream of home ownership as well as supporting families who want to help their loved ones take their first step onto the property ladder.
“The appointment of Mortgage Intelligence is another milestone for our growing intermediary channel, enabling even more customers to get the M&S-standard they have come to know and expect from the brand, when they make the most important purchase they’ll ever make – their home.”
Sally Laker, managing director of Mortgage Intelligence, added: “2019 promises to be an innovative year for M&S Bank so naturally we are delighted to be adding them to our growing lender panel.
“It’s great to see such a recognisable and well-respected brand making first time buyers a cornerstone of its proposition, and I have no doubt that network embers will find M&S Bank a valuable addition.”
M&S Bank launched its first mortgage range last year, offering a number of fixed and tracker options available to home movers and customers looking to remortgage. It offers a first-time buyer range from 95% loan-to-value, and a 35-year maximum term, a free valuation and £1,000 cashback.
The bank is working in partnership with Shelter, the housing and homeless charity. As part of this, it will donate £25 to Shelter for every M&S Bank mortgage purchased across both its direct and broker channels.